Job Description

The Inventory Liquidation Account Manager is a key position reporting to the VP, Commercial – E-Commerce and is responsible for managing and executing the liquidation process of excess, obsolete, or slow-moving inventory. This role involves identifying liquidation opportunities, developing strategies for efficient disposal, and coordinating with various departments to ensure optimal outcomes. The ideal candidate has a keen eye for detail, excellent negotiation skills, and a strong understanding of inventory management principles. 

Responsibilities

Assess inventory levels to identify excess, obsolete, or slow-moving items

Develop and implement effective liquidation strategies to maximize recovery value

Collaborate with the procurement, sales, and finance departments to coordinate liquidation efforts

Negotiate with liquidators, wholesalers, and other third-party buyers to achieve favorable terms

Manage the logistics and documentation associated with inventory liquidation

Monitor market trends and adjust liquidation strategies accordingly

Maintain accurate records of liquidation activities and provide regular reports to management

Ensure compliance with company policies and relevant regulations during the liquidation process

Conduct periodic audits of inventory to verify the accuracy of records and identify potential issues

Provide recommendations for improving inventory turnover and reducing excess inventory